AIAlleyWatchabout 1 hour ago
NYC Venture Funding Hits Record $4.7B in June 2026
8 min read
New York City venture capital surged to $4.70 billion across 81 companies in June 2026, the best month on record and more than double May's total. Twelve rounds exceeded $100 million, led by Ramp's $750 million financing at a $44 billion valuation. Frontier AI labs Flourish and General Intuition raised $500 million and $320 million respectively, marking a shift of foundational AI research to New York.
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